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for a permanent ceo. larry shover of sfg alternatives joins us now for an early look at the market. good morning to you. and are we waiting for qe 4? > > i think we are, and i think we are going to see it. we saw the rally yesterday. i think a lot of that was just expectations that central bank liquidity is going to be with us for quite a long time. > we have had quite a rally in the market of late. what is going on there? > > we had a great rally, especially yesterday's rally, very macro-driven. and what i mean by that - it wasn't like one sector was rallying. we saw industrials, materials, technology, everything going up in concert. it was a very, very healthy rally. > so, what do you sell here larry? or do you just ride the wave? > > if you are in the equity market, i think you need to stay at normal valuations and just not worry with all the noise around you, because it's really priced in. fundamentally, the stock market is undervalued right now because of all the noise in europe, the fiscal cliff, and china. with that in mind, i think your best bet is to stay near normal valuations for 2013
and it is conservatively six hours prevent. longer if you do not use things like video. depth.there is also at application in celebration. your entire experience is 70% faster than your typical computer.we almost have 1000 of these sold. it will be in short and quick visit. i am showing you the of vipre anti-virus software. difference with a vipre anti- virus software, for under $90, and free shipping and handling, 10 computers will be protected. it breaks down tor each computer. you pay for this one time. it will speed up your old computers. this your friend guy yovan, and people can have this running on their computer. >>host: for the average person, that are paying 50 bucks a yearvthis is 10.they last for a lifetime. that person will be protected forever. you could do this for your brothers, sisters, cousins.if you have a small company you just took care of 10 computers. once they go down or if there is acost $150 to fix it. we have about one extra minute on. one more time we want to tell you about the to $900 in the retail market. we have this with free shipping and handling. everything you are is
and for trucks, it's much higher. it was easy for us to find motorists in montgomery county who occasionally used the ecc. >> when we need it, it saves under the circumstance time. >> whoever uses it? >> and i used a couple. that is about it. >> and most days, the traffic is light to moderate. phil andrews, never a fan of the icc, believes the tolls on the highway are way too high and they should be cut drastically in order to draw more traffic on to the six-lane roadway. >> and that is too much. cut them in half, double the traffic and you raise the same amount of revenue and make it a use willful road for the people -- useful road for the people on it and the roads that the car comes off of. >> reporter: the maryland transportation authority said the traffic is growing at the rate of three percent -- 3% per month and first-year revenues higher. they said the toll roadways purpose is to provide relatively congestion tree travel with reliable travel times. and it will respond directly, presumably priestly to cut the tolls in half. reading between the lines and the statements, it sounds like the
-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >>> a significant announcement from president obama during an exclusive interview with our very open barbara walters. >> the president said his administration now formally recognizes a newly formed coalition of syrian rebels. that is significant. the rebels for fighting to topple syria's president. here's her report. >> i would like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime and so we will provide them recognition and obviously with t
take the used cars to them, literally a horseshoe around him of different garages now many of them are also victims. car owners are still showing up looking for their cars. john says his mercedes is gone, a very expensive car. how much was the car worth? >> $40,000. >> reporter: this company took luxury cars on consignment, owners signed away the title and sunnyvale motor cars promised to sell them. the car lot is now empty, people's cars are no where to be found. >> seemed to be a nice guy when he wanted something. i didn't have a lot of involvement with him. very harbd to -- it was very hard to get paid. >> reporter: brandon stopped doing business with him, because he didn't like his ethics. >> cheating fixing used cars doing it his way, not our way. >> reporter: what is an example? >> used cars on cars not doing a full service, cutting corners i am >> reporter: he was lucky, it -- it would take two, three months but he got paid. his next door neighbor is out $8,000. >> my reaction is very mad and very nervous i lose the money on it. >> reporter: the owners say he also owes them
to leave the united states senate. senator jim demint joins us live this hour. we'll talk about his decision and new job. and syria's civil war is in a very dangerous perhaps decisive tipping point right now. can the world prevent bashar al assad from using chemical weapons against his own people? i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great concern for so many people, everyone's taxes will go up, will go up if there's no deal. let's go live to our white house correspondent dan lothian. he's on the scene for us over at the white house. how did it go, dan? >> reporter: well, wolf, we've seen the president do this before in the past whenever he's locked in negotiations with lawmakers. he heads out on the road, either goes to a backyard or sits
them right here, "right this minute." a u.s. marine's old youtube video takes on a new, sinister feel. >> we're trained to kill. we're trained that death is okay. >> it's startling now to listen to this video. >> now that the marine is accused of gunning down his own wife. we've got the story. >>> iraq is hit by heavy flooding, but one guy is like i need to get around. what happens when push comes to shovel. >>> it's touted as a sure-fire way to stop -- >> the crying baby! >> how to pull the trick a lot of people swear by. >> yeah, that's it. that's it. >>> and a bear decides to declutter a backyard pond. >> i'm burneding wondering if h looking for salmon, like there's got to be a salmon in my. >>> my frustrations in iraq were having to watch over 50 of my friends die, having to kill people, having to kill a child who tried to kill me. i'm a marine and we're trained to kill. we're trained that death is okay. >> what we're hearing in this video is a former marine talking about experiences serving two tours in iraq as a u.s. marine and the effects that the war had on him. >> before i we
.... plans to use unmanned drones. rising concern over plans to use drone aircraft for law enforcement in find out why privacy concerns may keep the idea from getting off the ground. raveesh kumra. operations. however, the american civil liberties union alleges there is more in the plans than just search and rescue.. the group says the alameda county sheriff's office could also use the remote controlled aircraft and as, kron 4's reggie kumar tells us, the a-c- l-u claims, it has the documents to prove it.. you may not see it as it flys over your home or backyard snapping pictures of your every move. that's what the aclu alleges could happen, if the alameda county sheriff's office is allowed to use these unmanned drones. the aclu says it obtained these documents from the sheriff's office through a california public records act, and they show the sheriff's office will do hamadi grant was received in october half approving the grant request for intelligence gathering and terrorism prevention but that is not a search of rescue. more with these flying aircraft than what it has to
, green mountain, game company electronic arts. on the bad side.. sears, jcp, and khols... u.s. and european regulators take on google's market domination at a meeting in brussels today. and a new study shows it takes earning $161,000 per year to make most people happy. kevin craney of rjo futures joins us for a look at the week ahead. good morning to you kevin. good morning. we have jobs on tap for friday and all week long. of course the fiscal cliff talks--what will you anticpate from the market? i think the markets are really going to be dealing with the political wrangling over the fiscal cliff to begin the week. really no agreements to speak of and i really don't think you're going to see any. it's going to come down to one of these last minute issues because both sides continue to butt heads and we're no closer than we were two weeks ago. from an employment perspective, look for the numbers to come in on average probably around 100 to 125 thousand jobs created. that's where our average really stands. maybe some skewed data from hurricane sandy but you back that out and i
suspecting maybe some marijuana use had been going on. that's when trooper david ferrell called for female trooper kelly. kelly takes angel and her niece one by one and performs a full body cavity search. >> on the side of the road. >> watch the video. her hand is down the back of her pants. that same hand on her shoulder then down the front of her pants. >> the tsa doesn't do that much when you go to the airport. >> this is hard to watch. >> you see then the trooper moves on to the other woman. the two women are claiming the trooper used the same glove. >> no. >> the same procedure was performed in the back. in the front. >> that's so gross. >> that's how you get a uti. >> she thinks marijuana is up her hoohaw. >> after the search is over you can hear her displeasure. >> i was totally violated over there a few minutes ago. i had a finger in my [ bleep ] and a finger in my [ bleep ]. >> they are suing because they believe they were subjected to illegal and gross cavity search. >> i fell like i saw something i shouldn't have seen. >> texas rangers have investigated and sent findings to the
comprehensive, very carefully designed mix of savings and tax reforms to help us put us back on the path to stabilizing our debt and fixing our debt and living within our means. we've been very detailed about how to do that, both on the spending side and revenue side, and we think this is a good plan for the country, and it does the most important thing, which is it gives 98% of americans the certainty your taxes aren't going to go up, and it gives us a chance to make sure we're protecting medicare for future generations and gives us the ability to lock in a set of carefully designed reforms that put us back on the path to fiscal balance. it's its a very good plan, and we think it's a good basis for these conversations. >> it's a starting point because when you look at it, the president said in september i am still willing to deal with republicans and, you know, $2.50 worth of cuts for every dollar's worth of revenue raising. this is nowhere near that. >> that's not what people -- what we are proposing is consistent with that. we have roughly $2 of spending cuts if you include what's alr
americans including the u.s. ambassador. a full report, everything we know about this man, coming up, coming right up here on cnn. >>> congress faces a so-called fiscal cliff and only 24 days. and it is what house speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political t
about that in a moment. >> the survival lesson they won't soon forget. they put their phone to good use. >>> if you got your kid an iphone for christmas, i did, my stepdaughter is 13. some are worried they might abuse it. a mom who may have the ultimate solution. she made her son sign an 18-point contract from handing the phone over at approximately 7:30 every night to no porn to mom always knows the passionword. >> a lot of parents are taking note. it's going viral. the rest of this creative contract in a few minutes. >>> speaking of smartphones the insanely addictive game angry birds. there is a real-life version playing out in the florida ev everglades. the mischief vultures are making. >> don't want to make them angry. >>> right to the big digout in the second snowstorm to days. ginger zee has the latest on what we can expect. >> more than 500 flights were delayed. that's just yesterday with this new storm and look at this, a trace to two inches for new york and boston. 80 miles away in connecticut, more than a foot of snow in milford mass, even though it's done. the issues, they're
is ruining kid's futures. you have to believe it to see it. the man behind it will join us in a fox business exclusive. >>> plus "money"'s executive roundtable get the real pulse of businesses. speaking out against president obama hurt their bottom line? will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. >>> yikes for yelp users. one woman post as scathing review of a business. now the owner is suing her for $750,000. does he have a case? he is here to make it. even when they say it's not it is always about money. melissa: first let's take a look at the day's market headlines of the congress doesn't open its mouth and stocks go up. are we listening politicians? better than expected jobless claims data and rebound in tech stocks helped lead the market higher. the dow gained 39 points hitting a new one-month high. >>> at&t customers listen up. your service may start sucking less. akamai technologies reached a deal to provide at&t's mobile network. it is expected to speed up delivery of digital content to customer's phones. akamai
of dollar that all proof set from the u.s. government go in this as well. new look at this for $1,699 and you get all of thisre kennedy half dollar proof sets and remember the that is $34.50 and $56.50 and $34.95 and $55.50 etc.. they're all valuable also is all the dollars and everything else. there is the constitution dollars of 1987 and 1988 is another olympia and then 1989 is thecongress of white the eisenhower. -- eisenhower. popular sets. you are paying about $100 per set for them.then i will explain about this one in a minute. the only one where the half dollar is also2 silver this1 is the james madison5 commemorative54 and then9 the world cup commemoratives and in '95 the silvo commemorative. and the most valuable of all of these and if you go to www.hsn.com this set is $549 right here. i sell them all the time of that price. i sold them individually out in five minutes last night. $700 basically for those 2 sets. of them at $100 i sell them out in like two seconds. the most popular singles that i have is one right here.all in the original government packaging. around
with that breaking news, what could be a pretty serious escalation in tensions between the u.s. and iran. >> it centers, this morning, a report, that the iranians have captured an unmanned american drone. for the very latest, we're joined from london by abc's nick schifrin. good morning, nick. >> reporter: good morning, rob. good morning, paula. we have no comment on this from the u.s. but the iranians claim they brought down what's known as a scan eagle drone, after it violated iranian air space. it's right now in an iranian studio. it's a small surveillance drone. u.s. navy captains used them to watch their own ships. this is not an armed drone. if the iranians brought it down, the u.s. will see that as a very aggressive action. last month, the iranians tried to shoot down a u.s. drone in the same place. almost exactly a year ago, the iranians brought down a high-tech drone, one used by the cia. that was inside iranian territory. as you said, this will raise tensions in a very sensitive area. u.s. has thousands of service members in the gulf, just a few miles from iran. and the u.s. co
.c. to boston today. and plenty of snow in the back end behind it. we use this model to show us where the worst winds will be. what you need to look at is the red arrows. and those red arrows go from the boston area, north into maine, all the way to atlanta. this storm has big snowfall totals, big-time. 20 inches of snow coming down in some locations. and one of those places, williamsburg, iowa, picked up a good, heavy snowstorm and a blizzard. our ginger zee is right there. good morning, ginger. >> sam, we're tried desperately to get to chicago, just couldn't do it. i-80 kept shutting down. you can see why. this is what litters the side of the highway everywhere. trucks, semi-trucks. it was such a rough night and really, this storm isn't quite done with us yet. overnight, the lashing winds and blowing snow stretched from nebraska to michigan. major highways across the midwest, shut down. as drivers struggled to stay on them. believe it or not, this is i-80. look at the long line of cars. just a complete parking lot. we've been here for at least 30 minutes. and we don't know how long we're goin
cooper, ahead on "sunday morning." >> osgood: most of us think a family portrait and a still life are two totally different art forms. bill geist will set us straight. >> reporter: you may be getting a lot of christmas cards about now. >> this was exactly last year. >> reporter: but you've probably never received one from a family quite like this. here comes the family now. >> smile, smile! >> osgood: placido domingo is a singer who hardly ever sits still for long. not with his schedule of performances. tracy smith got him to take some time out. >> reporter: he may be the finest tenor the world has ever known. ♪ ♪ but placido domingo says he wasn't always the best businessman. >> we did it because we loved to be together, you know? we didn't have any royalties. >> reporter: no royaltys? >> no royalties. we don't say for anything so they don't give us anything. >> reporter: still, he's more than made up for it. ahead on "sunday morning" plas dedomingo home for the holidays. >> that's good. that's good. >> osgood: mo rocca has the story of "a christmas story's" broadway debut. steve har
can count on. ♪ could push the u.s. economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's what's happening with the budget talks in washington, and it's reflected on wall street. stocks barely budged yesterday. gold, however, was a major mover. what that tells traders is coming up in the show. pandora hit a sour note with investors last night. shares plunged after the company revealed a loss of advertising money as lawmakers fail to find harmony over averting the fiscal cliff. the brand new dreamliner is under review after making an emergency landing in new orleans due to a mechanical glitch. larry shover of sfg alternatives joins us now on this wedn
bridge. terry mcsweeney joins us live. >> reporter: they just announced three suspects are in custody for the crime spree that began in the fall last year to the spring of this year all suspects from vallejo. this happened carquinez bridge toll chp says the three in custody would drive up to the booths, usually show weapons, demand money and off they would go. complicating the investigation they wore ski masks and driving stolen cars. i asked how they found the suspects? >> it has been a year and a half long investigation. i work with vallejo police and figured out who were the car thiefs in vallejo and figured out who was who and we had evidence and the evidence was submitted and went from there. >> reporter: the three men are 30-year-old chris miller, 43-year-old robert white, 47-year-old david morales, tied to three of the 10 robberies that occurred. the entire 10 robberies netted $ ,000. according -- netted $6,000. according to the investigators, more arrests are expected. terry mcsweeney, abc7 news. >>> new information on homicide investigation in the east bay, a story we brought
the word about warning signs. katie marzullo is live in the newsroom. >> reporter: u.s. attorney general eric holder is heading to newtown this afternoon he with will meet with first responders and law enforcement officials after he meets vice president biden who today is embarking on his new mission to reduce gun violence. memorial of flowers, candles and signs continues to grow in newton, not the most vivid reminder. that is the continuous procession of hearses driven through town hour after hour, day after day. the mother nancy lanza will not be buried in newtown her arrangements are being made out of state. cnn is reporting the day before she died she return from a luxury resort in new hampshire. friends tell cnn in recent years nancy felt comfortable leaving adam home alone. home is where he phone the weapons he would use to kill his mother, 20 elementary school children and six teachers and faculty. vice presidented by charged with finding solutions to gun violence today he seeks input from law enforcement officials from afternoon the country. a new group is advocating for what it
as a joint u.s. afghan special team went in to save the life of dr. dilip joseph, an american doctor who was kidnapped two days before with two members of his afghan staff. the staff was released earlier when a small ransom was made but the taliban was asking for $100,000 for dr. joseph's release. general john allen felt that his life was in imminent danger and then called for the rescue mission as special operations team lured the taliban in, saying they would pay the ransom. the taliban came. instead, they were met by this team who killed at least six taliban insurgents. unfortunately, this u.s. navy s.e.a.l. also lost his life. his identity has not yet been released but he is being labeled a hero by the top brass in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement relea
. >> the american civil liberties union does not believe that the emmy account shares of what also use a remote control aircraft spots on local residents. kron fours reporter has the story. >> you may not see it as it flies over your home or backyard recording your every move. that is what is alleged that could happen if the element sheriff's office is allowed to use strong. >> this is video of the shares office introducing the public to the aircraft in october. this was said about the drought and privacy concerns back then. >> search and rescue missions bonds what caused, persons with firearms, rule areas that are not easily assess why patrol cars. those kinds of situations. we have at robots and our bomb squad and swat teams were 10 years. they are remote controlled we do not rows down the streets of a people. >> the documents obtained by the aclu which approved $31,000 in grant money for the drop says, the aerial units will be used for " intelligent and information sharing and dissemination planning. >> in another document referring to the drones on the alameda county sheriff's office, " ded
of touch. give us a behind-the-scenes look at who he is and how he relates to people. >> reporter: well, senator kerry is a statesman, a man who has been working in washington for so many years that it is easy to paint a caricature of him that way. he is a man who has developed a relationship with president obama which is what's meaningful today and here at the white hou house. he is, as kate pointed out, was dispatched by the president not just two times or a number of times during foreign sort of mini crises, but very, very delicate situations and he has successfully eased the way when he went with, for example, to afghanistan to talk to president hamid scar karzai, to encourage to run for a runoff election and he got it done. the president has seen him demonstrate his abilities as a diplomat and of course, in the debate prep with president obama, he played mitt romney during this most recent round of debate preps. it didn't start out so well, as we know, but it ended well for the president and they had a strong connection and the president in the end thought that, you know, he came t
capital, rick santelli, steve guilfoyle on the floor of the exchange with us as well. let's see. let's start with you, mr. grinch. you sell on any strengths, even now, even if we get a deal? >> well, fundamental analysis is thrown out the window. this obviously is a headline-driven market. any time you're hearing about something that's going to take place, any hint at any type of negotiation, any type of a deal, the markets tend to respond. right now i think the markets are calling their bluff right now. we're not expecting a lot out of what's taking place in washington at this moment. here's a thing, guys. even if there is a deal, it's going to be tough. you'll have a knee jerk reaction. markets should be rallying, might be a great opportunity to sell into strength, because when you look behind the curtain of any deal that's going to happen, it's going to be remarkably bad for the economy. >> austerity on the way. >> absolutely. >> whatever we're looking at. >> talking about spending. the whole conversation has been about tax hikes. i mean, you can't -- you're talking about how many
's no spitting or anything, so no one knows you're doing it. >> he uses a product called snus, a big new idea in smokeless tobacco, and the tobacco companies are banking on it. >> thank you. >> it was started in sweden, where it's getting credit for helping people quit smoking, even though it keeps them addicted to nicotine what sweden has done is traded one addiction for another addiction. >> that's true. addiction is a problem, but it's less of a problem than lung cancer. [ticking] >> its inventor and investors say it will change the way we power our homes, bypassing the traditional electric grid. is the bloom box intended to get rid of the grid? >> the bloom box is intended to replace the grid for its customers. [ticking] >> let's say if you spilled something on it... >> marty cooper looks on all this with pride, amusement, and some dismay. >> when i throw this against the wall, you--ooh. >> and with good reason. he's the father of the cell phone. >> how do i remove? i know how to add a-- but say i want to remove that one. >> welcome to 60 minutes on cnbc. i'm lesley stahl. investors alway
south by 3/4 of an inch for the rest of us. we'll look at our rivers and see how they are doing when we come back. >>> hundreds of children in fairfax are waiting to find out when they will be able to attend school. white hill middle took severe damage from the storm. >> reporter: good morning. cleanup crews just awried just beyond that administrators and outside -- consultants are meeting to decide their next steps, their first steps in the cleanup process exploring how to operate the school without an entire building. three big storms filled this little culvert behind white hill middle school causing extensive flooding over the weekend. >> we have four classrooms fairly filled with debris and mud. we'll need structural support along with our main administrative offices and our library. >> reporter: the building is only 10 years old. administrators face having to tear out floors and possibly the walls. >> we anticipate that flooring will be replacement depending upon what the damage is -- it is going up the wall, we hey need to remove furniture that is attached to the wall. and do some
of the rebel fighters here. this is our country, our homes that are being destroyed, he tells us. he used to sell thread. now he runs logistics for his unit. so what he is explaining to us is that this was street to street fighting, and it took his unit quite some time to advance and right now they have the tractor here because they're trying to clear out this road so that ambulances and vehicles can begin to move through. >> blankets hang across one alleyway to block government snipers' line of sight. the shooting is coming from there, the sniper, one of the fighters points out. they take us further forward. crawling through holes punched between buildings. they're just telling us that it's because of the snipers that they have to move through the various buildings like this. it's an urban version of first world war trenches. they etched forward by just one block. going any further is back breaking work. a rebel dashes down the street carrying a makeshift rocket launcher. it's a plastic tube. he later displays the rocket. this is a homemade rocket that was manufactured by the fighters th
in other places besides our garages. scientists tell us they are the result of a unique alignment of the sun, moon and earth. terry mcsweeney joins us from the saint francis yacht club. could this be a glimpse of the future? >> reporter: that's what some are saying. marina boulevard there and right here steps that are no longer available to be stepped only available for wading now because of that high tide that you were talking about. video of what the king tides are doing around san francisco right now, yesterday, today and tomorrow. this is stuff from along marina boulevard at some point you are going to see a walkway submerged, water up where not expected to be. you are going to see what rising tides do in mill valley 101 highway 1 exit. right now that exit is closed northbound because of flooding. the california king tides initiative wants everyone to document what is going on. these pictures are an example of what they want to see. they believe these pictures are powerful accelerating discussion of the california coastline of the future with a permanently higher sea level. >>
dollars invested with cerberus, an equity firm that controls bushmaster maker of the rifle used in the school shooting this is youtube video showing how the firearms operate. this morning cerberus announced it was dropping its investment. >>> dick's sporting goods suspending sales of certain rifles in response to the tragedy. several california locations closest to the bay area in modesto, wal-mart has pulled a bushmaster rifle similar to the one used off its website. wal-mart is the nation's largest seller of guns and ammunition. >>> hollywood is reacting to the shooting by cancelling the premieres -- premiers of several films. actor jimmy fox who stars in the movie says the -- jamie foxx who stars in the movie says the entertainment industry needs to bear some responsibility. the premier of top cruise's movie was also postponed because of the shooting. stay with abc7 news for continuing coverage of the connecticut school tragedy. laura anthony is in connecticut and report live later. >>> temperatures on their way down later today officials are issuing advisory and warning. >>
more than an hour ago, the president said he's optimistic that the u.s. economy will not go over the fiscal cliff. that's one of the top stories this noontime. good afternoon. i'm david stevenson. >>> we begin with developing news at this hour. san jose police are investigating the city's 46th homicide of the year. it happened at an apartment complex on lewis road off monterey highway and janine de la vega joins us from the scene. janine, we understand police may no who may be responsible -- may know who may be responsible. >> reporter: that's right. they have two adult males detained and they are questioning them and treating them as persons of interests. homicide detectives are here at the sulker breeze apartments. all of the activities seem to be centered around a parking garage. just before 9:30 this morning, they received a 911 call that a man with a gun was at the -- on the grounds. when police arrived, they found a manner in a car shot. paramedics tried to revive him. but he died on the scene. after talking to a couple of witnesses they've determined some sort of confronta
feel like a tiny little speck on this planet. >>> a group of u.s. troops on patrol in afghanistan in this open field, one of them wearing a helmet cam. this video uploaded as he continues to document the war in afghanistan and thefá worst happens here. they get ambushed. they got nowhere to go in this open field except for behind this what looks to be maybe this 10-inch dirt berm. that's not it. the guy's camera that we're with, his gun jammed. >> oh no. >> that's a mound. barely off the ground. it's like one plowing the fields and you can barely get behind that. >> i wouldn't consider that cover at all. they're fighting an ambush. they probably don't even know where it's coming from. >> what do you got? what do you got? >> all they can do is shoot in the direction they hear fire coming from. >> fire! fire! >> you hear bullets hitting right in front of them. >>fá heartbreaking for these gu who are really without any protection from this ambush. >> just again it makes you say, thank you, god. i can't believe this is what you have to do every day for us. thank you. >> we say it al
gave syria a warning asis morning at the use of s the al weapons. as margaret brenner reports, the eecretary raised the possibility of a larger role for the united >> rep states. >> reporter: during a stop here in prague, secretary of state issued a stern warning to bashar al assad not to use chemical weapons. ta she said the u.s. is planning to take action if there is credible evidence of a threat. she did not say whether there that woinformation that would suggest an attack is imminent. theire reiterated, chemical heapons are a red line for the ed statstates. >> i'm not going to telegraph in any specifics what we would do hatthe event of credible evidence that the assad regime hemicalorted to using chemical weapons against their own people. >> reporter: the international community has failed to peop intervene in the conflict that as killed nearly 38,000 syrians since the uprising began. e are ds this morning," margaret brennan, prague. >>> in japan this morning at least nine people are dead after it's unclof a highway tunnel collapsed. it's unclear why those massive concrete
. >> about 10.5. >> join us tomorrow. right now it's time for "squawk on the street." >>> good wednesday morning. welcome to "squawk on the street." live at the nyse. what a morning shaping up here. a little data to look at. m&a. the president speaks to the business roundtable in a couple of hours. futures with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with th
for us. it was amazing. >> and let me tell you, only one of us felt good enough to keep pushing the speed of the walk. >> it's true. it's true. >> her smile is great. >>> josh, you have a lot of news this morning. >> we're going to talk about breaking news overnight. affecting holiday shoppers. from coast to coast. a deal has been struck to end an eight-day strike in the port system, the largest in the nation. the port of los angeles and long beach, california. the strike was costing the economy an estimated $1 billion per day because it prevented shippers from delivering cargo to stores and other businesses. 40% of all goods shipped into the country come through those ports. union workers there were protesting the outsourcing of jobs. there's no word, yet, on the terms of the deal struck. >>> and speaking of the economy, there's important news for anyone who owns a home or is looking to buy. prices, skyrocketing to levels we have not seen in years. and "weekend gma" anchor bianna golodryga is here with the latest. good morning, bianna. >> reporter: good morning to you, josh. important ne
are using hiv to help fight cancer. it's coming up on "world news now." >>> "world news now" weather brought to you by consumer cellula cellular. >>> a dramatic new direction in fighting cancer is now raising hopes of finding a way to eliminate the disease all together. >> this is just unbelievable. doctors are using the virus that causes aids to reprogram patient's immune systems. chief medical editor dr. richard besser explains. >> reporter: emma's leukemia seemed undefeatable, no treatments left, and she was only 6. then in april, a last gamble using hiv to cure, not kill. doctors took out millions of emma's disease fighting white blood cells and used a genetically altered hiv virus to get into human immune systems to change those cells to target cancer fighters. they went back in and destroyed the cancer. dr. steven gruff is a pioneer. using hiv to infiltrate the hiv system. >> all of the things that make the hiv virus to cause disease have been removed from this particular virus, so its only purpose is to put a gene into a cell. for me, it's incredibly exciting. >> reporter: here's emma
truman's decision to use abatomic bomb against japan. tonight, we'll examine the process of making a tough decision. we'll hear about major decisions on an international stage. about corporate decisions to personal ones. from taking down the most wanted man in the world. >> the president said i'm going to go with my decision. write up the orders .. >> to giving up a dream career. >> it was a sense of lm unreality, i'm not really sure i know who i am. >> to uprooting a company culture. >> some people actually quit. >> to opening the door to a closed society. >> this is like a spy thriller. >> each of my guests have wrestled with a difficult choice. they'll take us through their deliberations, their fears and how they made their tough decisions. >> at 11:00 a.m. on may 1, 2011, two black hawk helicopters, 23 naycy sales, a translator and a dog named cairo took off from afghanistan. the mission -- to kill the world's most wanted made, osama bin laden. >> the death of bin laden marks the most significant achievement to date in an effort to defeat al qaeda. >> most have heard the incred
you for joining us on this monday morning, christmas eve, december 24th, i am pam cook. >> and i am brian flores in for dave clark. where is rosemary orozco? >> yes, we do continue with a flood watch for parts of sonoma county and the flood will rise another foot before it crests. it is around sonoma county and in the area of boeheim highway and we'll see minor flooding which will be taking place and i will show you what you can expect for christmas eve coming up, here is tara moriarty. >>> some flooding near the sonoma raceway, just be aware it is causing some delays. san francisco you can see traffic on the right as you make your way towards fso and traffic is flowing well into san francisco, let's head back to the desk. >>> police are searching for a missing man. police say he may be in a creek in fairfax. here is alex savage who will report on what happened just moments before the man went missing. here is alex. >> reporter: the search has been temporarily called off for this man at the creek and the police chief just told me a short time ago, they will be back out here and sear
in tokyo what can you tell us? >> this happened friday evening b an hour and a half ago. an unnerving scene. a 7.3 magnitude earthquake. as we understand it, this came along the same fault line that triggered that massive tsunami in march of 2011. we have been watching all the local stations, trying to gather all the information we can. here's what we know at this point in terms of a tsunami. we have seen several small waves come in, about four waves. the biggest one being about one meter or about three feet. the other waves were only about 8 to 16 inches. so no sign of a major tsunami at this point. but it is quite unnerving. there are reports of the trains stopping up there, some of the roads being closed. but in terms of injuries and in terms of deaths, we are only hearing reports of a few injuries at this time. you'll remember there was the crippled fukushima plant in between that region and where we are in tokyo according to tepco, the company that operates the nuclear plants in japan, all is fine at this hour. but we are still waiting for the all clear when it comes to the tsunami wav
for a picture around robin's christmas tree. a day i know none of us will ever forget. robin, we miss you and we love you. >> it was a special morning. cannot wait to share it with you. >>> we have a lot of news, as well. there's the chemical weapons threat in syria. and the fiscal cliff countdown. 25 days now. >> absolutely. >>> let's get right to the breaking news out of japan overnight. the powerful earthquake, shaking up the country. sam has been tracking it all. and joins us now with the very latest. sam? >> just imagine how frightening that night and morning was. we're talking about friday by the time we get to japan. a 7.3 earthquake kicks off the northern east coast of japan. if this coastline looks very familiar to you, it's because just last year there was a 9.0 quake there. that's the one that triggered not only the earthquake -- but the tsunami and then the nuclear disaster in fukushima. to compare the two, this one is much, much weaker. this sent a wall of water towards the coastline. but this one did trigger a tsunami warning. at points, there was a six-foot tsunami expected. actua
in serious condition right now. here's the sheriff. >> all of us have to recognize that this was a heart breaking tragedy, by any standard. and many, many people will be affected by this terrible act of violence every day for the rest of their lives. and we should keep them in our thoughts and prayers. on the other hand, i think we all need to be very thankful that this incident wasn't much worse. >> we will take you live to portland for more on the shooter in just a moment here. but first, the victims. and this is where this briefing got emotional. i want you to listen here to the sheriff spokesman describe the victims and the requests on behalf of the families. >> this first statement comes from the family of cindy rule, age 54, from portland. cindy was everybody's friend, she was a wonderful person who was very caring and put others first. the family has advised us they want time and space to grieve their loss and will not be giving interviews at this time. the family will make a statement at an unspecified later date through the sheriff's office. this is a statement from the forsyth
. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that was emanating from the president right now with congress waiting until this last-minute deal. how angry is he? >> well, he definitely was using the bully pulpit to pressure congress to get something done this weekend. i'd say he seemed frustrated, but i definitely have seen him more frustrated, and today he wasn't totally out of patience, and today, martin, he said that he believes "we may be able to reach an agre
department, bianna golodryga is back in new york. she will join us shortly. with me here this morning my weekday colleague lara spencer and amy robach. >> dan, even more sadness as the dead are identified we're seeing the faces of those so very young victims. i'm going to have that story. it's a really tough one but it's an important one so we can remember those who spent so much time in that school and were loved by so many. >> lara, you have a story coming up. >> as the healing has begun, the folks are pulling together trying to overcome this unimaginable tragedy and i'll have that report. >> well, those stories coming up but to the latest news. as we said president obama will arrive in newtown, connecticut tonight, he'll be meeting with the families of the victims thanking first responders and speaking at an interstate vigil. this is the fourth time in four years this president has paid a visit after a mass shooting. also this morning police have now released this list of the victims. look closely at the ages. 2004, 2006. josephine gay just had her seventh birthday last tuesday. one c
for us? >> well, on the fiscal cliff, i wish it were different, but it certainly is beginning to shape up like, in the end, the democrats will be able to step back and say we raised taxes on rich people and the republicans will take credit for cutting programs. and it looks like it will go into january, unfortunately. the market doesn't seem to care. >> all the big deal, boehner and obama tried to do last year, still have to do that, simpson boles-type thing. >> by what the secretary of the treasury said yesterday. >> right. >> thank you for being here. >> bromance. a lot of fun. make sure you join us tomorrow. "squawk on the street" begins right now. >>> good thursday morning, welcome to "squawk on the street" live from the new york stock exchange, i'm carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. good morning to you dennis, thanks for coming in. futures today, a lot to deal with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent dat
into effect. that could take a painful toll on the u.s. economy. let's go to capitol hill. our senior congressional correspondent dana bash is standing by with the latest. dana? >> reporter: well, wolf, the vote that the speaker calls plan b is about an hour away. we're told that republican leaders at this hour are still twisting arms, republican arms to make sure that this passes. there's a weird sense here, a weird atmosphere that things are moving fast but stalled at the same time. the fiscal cliff impasse is so surreal, democrats are resorting to movie analogies, calling republicans thelma and louise. >> rather than face the reality of what lies ahead, they hit the gas. that's what we're hearing from speaker boehner now. >> reporter: don't blame us, say the republicans, it's the president. >> he's doing everything within his power to take us over the cliff and he is set on dividing us. >> reporter: adding to the sense that congress is in an alternate universe, instead of negotiating to avert the fiscal cliff, the house will vote on the gop plan b, a bill to keep tax rates in place
from washington to tell us what this all means. first off, is there anything, joe, to read in to this morning's silence coupled with friday's silence on this issue? >> honestly, nothing at all. they could still decide later in the week, quite frankly. they could decide next week. this is a thing about the court. they really don't send a lot of signals or messages to do something and we have been telling people all along that, you know, there's potential for this to come later on. they can still go in march with this. and we could still get a decision around june. so, don't read anything in to it. that said, you know the broad legal question the supreme court considers of equal protection. basically do same sex couples deserve the same rights and benefits as all other americans? we don't know if the court wants to hear the case. it could be a much narrower case about the defensive marriage act, it could be limited to considering whether couples in states where same-sex is legal and eligible for benefits and not a sweeping decision. the other parameter, of course, proposition
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